The Kansas state treasurer, a legislator and a former school board member Wednesday called on Attorney General Derek Schmidt to advance a slow-moving investigation of potential price gouging tied to spikes in natural gas prices during Winter Storm Uri one year ago. Last February, Schmidt launched an investigation into the natural gas prices, which left Kansas with more than $1 billion in economic fallout. Gas prices rose by nearly 200 times, and experts expect Kansas utility payers will be feeling the aftereffects for a decade. Seven months after the storm, as utilities were negotiating plans to pass higher rates onto costumes, Schmidt said the high prices “appear to violate Kansas law” and noted he was seeking outside counsel to aid in the investigation.
Source: The Arkansas City Traveler
